16521 Goldenrod Ln UNIT 102AlvaFL33920
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Alva at 16521 Goldenrod Ln UNIT 102, Alva, FL, 33920 earns from $1,170/mo rent with a $1,214/mo payment. Total monthly income totals $1,170/mo. ROI tracks 12.96% on current figures, and rental yield reads 5.66% at a $248,000 purchase. Equity gained on principal adds $1,600/yr, and 5% annual appreciation supports $68,518 over five years. Five-year ROI reaches 66.23% and total cumulative return in cash sums $54,450. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,170/mo property income instead of your personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33920, Alva, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,574 (100%) |
| Owner Occupied HU | 2,800 (78.3%) |
| Renter Occupied HU | 342 ( 9.6%) |
| Vacant Housing Units | 432 (12.1%) |
| Median Home Value | $518,293 |
| Average Home Value | $634,313 |
Housing Distribution
Address Breakdown
Residential
4,026
Single Family
3,831
Multi-Family
195
Businesses
167
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